Explanation Of Benefits (EOB) and Electronic Remittance Advices (ERA) are formatted differently for each insurance carrier, but the information they provide is the same. Armed with this important information, we can properly post payments and zero pays, as well as assign patient responsibility. The EOB allows the financial department team to locate information about the…
Billing, Collections, and Settlements – Who Gets the Money?
This tutorial will provide clarity on the financial aspects of Personal Injury. Some practices develop a different fee schedule for Personal Injury cases because of the additional administrative task, that are often required with these cases. This is not a compliant practice. This tutorial will provide direction on best practices when managing Personal Injury cases.